A third of marriages end in divorce*. Relationship breakdown is an emotionally difficult time, that can have a significant financial impact as well, This impact can continue well into later life. For example, households with men and women aged 55–64 years who haven't divorced earn around $10,000 a year more than those households headed by divorcees**of the same age.
Australians own around 18 million life insurance policies. In total, we spend $55 billion in premiums providing $6.4 trillion worth of coverage. That's a lot of life insurance.
And you know what? |
3/4/2018